) “Person” means a natural person or legal person, or an unincorporated entity or association, including partnerships, corporations and bodies corporate. (q) “Requested Authority” means the Authority to whom
full quarter of recognizing gross profit from GLOW’s SPP plants of Baht 2,389 million. As for the company’s SPP plants, gross profit decreased by Baht 274 million due to the 10% growth of cost of natural
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW
, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices while Fuel tariff (Ft) rate remained constant; therefore, the gross profits of Rayong Central Utility
plants, gross profit increased by Baht 103 million due to the increase in electricity sales volume resulting in the increase in revenue from selling electricity while the average natural gas price per unit
electricity dispatched to Electricity Generating Authority of Thailand (EGAT) under the SPP – Firm contract. In addition, GPSC has managed to improve the profitability in 2017 as a result of efficient cost
subsidiary, completed the construction of a natural gas power plant in Chachoengsao and started selling electricity to the Electricity Generation Authority of Thailand. The Group assessed the Power Purchase